MOUNT PLEASANT BANK & TRUST CO. Failed 1940

PLEASANTVILLE, NY · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

MOUNT PLEASANT BANK & TRUST CO. of PLEASANTVILLE, NY was closed on 1940-07-20. The FDIC was named receiver.

Resolution: P&A

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
344
FDIC FIN
0
Bank name
MOUNT PLEASANT BANK & TRUST CO.
Location
PLEASANTVILLE, NY
Failure date
1940-07-20
Charter type
State commercial bank, Federal Reserve member
Resolution type
P&A
Deposits at failure
$2M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions